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we do not know. thank you caving on guns, immigration and everything. >> we have seen stagnation across the board. i agree with gerri. they should not be acceptable in the united states of america. we should not be accepting these lame unemployment numbers. connell: the biggest story is obviously rex ryan and his questionable tattoo. good morning, everybody. i am connell mcshane. where are the spending cuts? now, the president may want to pull the rug out from under them. we will tell you who has the leverage. we are all expected to get something less in our paycheck. how much the government takes is the question. cash only. the vatican is not in line with new regulations. the pope can only accept your cash donations. the actor patrick dempsey's new business is coffee. he is taking on starbucks. all of that is going on today. plus, it is a jobs friday. we start off with nicole petallides. nicole: not too far off the unchanged line. it is just not good enough. americans are still waiting for jobs. the
we do not know. thank you caving on guns, immigration and everything. >> we have seen stagnation across the board. i agree with gerri. they should not be acceptable in the united states of america. we should not be accepting these lame unemployment numbers. connell: the biggest story is obviously rex ryan and his questionable tattoo. good morning, everybody. i am connell mcshane. where are the spending cuts? now, the president may want to pull the rug out from under them. we will tell you...
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Jan 11, 2013
01/13
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >> at 20 minutes past the hour, i have your fox news minute. we are expecting a press conference shortly with president obama and afghan president. they've met today discussing the u.s. role in afghanistan after the war ends in 2014. the president is not expected to announce any further decision on further troop withdrawal. the blast occurred in a southwestern city. most of the dead were shiite muslims killed in a billiards hall. a suicide attack was followed by a car bomb minutes later. ford plans to hire 2200 salaried workers in the u.s. it marks one of the largest land increases for the country and more than a decade and will help build on the 8100 combined hourly and salary jobs that were added in the u.s. last year. those are your headlines. back to melissa and lori. lori: we like to receive that good news. thank you so much. the s&p is hovering near a five-year
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. >> at 20 minutes past the hour, i have your fox news minute. we are expecting a press conference shortly with president obama and afghan president. they've met today discussing the u.s. role in afghanistan after the war ends in 2014. the president is not expected to announce any further decision on further troop withdrawal. the blast...
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Jan 25, 2013
01/13
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melissa: what do you think he will do next? if it were me after six-month vacation in the bahamas then i would start thinking what i want to do. >> i think he might need more than six months in the bahamas. melissa: it has been a tough run. >> it is interesting. he did an interview with "politico" today and ruled out taking the top job at the fed. i thought he was potentially janet yellen's biggest competition for that job because obama clearly feels very loyal to the guy. so --. melissa: interesting. >> if geithner wanted to be fed chief i would think he would have a chance at it. the fact he said he is not in the running for that, who knows he could change his mind. i think that makes it likely janet yellen, the vice-chair woman of the fed, could get that job when bernanke leaves in january 2014. where that puts bernanke, where that puts geithner, maybe he will make a turn in the private sector. i don't think he goes to a big bank. that would be a horrible publicity move. there are lots of other smaller investment fund he cou
melissa: what do you think he will do next? if it were me after six-month vacation in the bahamas then i would start thinking what i want to do. >> i think he might need more than six months in the bahamas. melissa: it has been a tough run. >> it is interesting. he did an interview with "politico" today and ruled out taking the top job at the fed. i thought he was potentially janet yellen's biggest competition for that job because obama clearly feels very loyal to the guy....
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that is one thing we have been doing last 50 years we have the ability to do that. two, we're self-sustaining economy and we're growing on its own. that bodes well, okay, for economic growth. now interest rates could rise as the economy improve. if we hit the inflection point where gdp on real basis is growing by 3% you will see rates on 10-year bond actually start to rise and get above the 2% level, perhaps 2 1/2% for 2013. lori: you're not talking about a quick and dirty shock to the system? >> no. lori: let's talk about stocks. this is always fun and we've been grilling you. oracle you like. valuation remains compelling. >> 12 times this year's number. technology stocks we favor. we're overweight technology in the portfolio. look at oracle, apple as example. lori: i'm running out of time. apple had a big jump in the trading session. 454. where do you see apple -- 545. >> i see 12ers upside in apple. lori: thank you for your outlook. many people do. thank you. melissa: warren buffett has done it again. berkshire hathaway beat the s&p 500 in 2012 even though the co
that is one thing we have been doing last 50 years we have the ability to do that. two, we're self-sustaining economy and we're growing on its own. that bodes well, okay, for economic growth. now interest rates could rise as the economy improve. if we hit the inflection point where gdp on real basis is growing by 3% you will see rates on 10-year bond actually start to rise and get above the 2% level, perhaps 2 1/2% for 2013. lori: you're not talking about a quick and dirty shock to the system?...
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Jan 28, 2013
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what do you want to hear? you want to hear that we broke through, folks and we made yet another multiyear high today on both the dow and the s&p? the dow broke 13,900. traded as high as 13,951. the s&p 500 also new highs, 1503 and change. we're doing really well. we're up 11 of the last 12 trading days on the dow. the s&p is getting ready to snap a an eight-day winning streak. we're pulling back but getting closer to the all-time highs. want to talk about economic news. pending home sales came in. they were disappointing. that was good news. let's look at caterpillar. this is the name that we're following very closely. this is the best perform are on the dow jones industrials. that is on outlook for second half of 2013. for the time-being their numbers were not stellar. they have had to dig into inventory which has been a glut sitting there. they talked about tough economic times. they do anticipate some growth in the back half of 2013. back to you. ashley: nicole, thanks very much. we'll be back in about 15 m
what do you want to hear? you want to hear that we broke through, folks and we made yet another multiyear high today on both the dow and the s&p? the dow broke 13,900. traded as high as 13,951. the s&p 500 also new highs, 1503 and change. we're doing really well. we're up 11 of the last 12 trading days on the dow. the s&p is getting ready to snap a an eight-day winning streak. we're pulling back but getting closer to the all-time highs. want to talk about economic news. pending home...
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Jan 11, 2013
01/13
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companies are doing. i think that companies will do well. mcdonald's will do well, but caterpillar's having trouble in china because the economy there is faltering. you see companies like general electric bringing back manufacturing to the u.s. because they know there is a problem there. chinese companies are manufacturing, i mean, are investing around the world because they don't have the opportunities at home. that should be a real signal to us. cheryl: but, gordon, do you think -- >> cheryl -- cheryl: agree or disagree, please. >> i want to take issue with what gordon said, especially with respect to the new incoming president of china, ping. gordon dismissed him as someone who would follow the dictates of the communism party as it is now. actually, he positioned himself as reformer op economic and political issues. you have to remember that he was a victim of the cultural revolution in china. he and his generation. he was sent down to the countryside for five or six years doing back breaking labor. he's experienced firsthand the human ri
companies are doing. i think that companies will do well. mcdonald's will do well, but caterpillar's having trouble in china because the economy there is faltering. you see companies like general electric bringing back manufacturing to the u.s. because they know there is a problem there. chinese companies are manufacturing, i mean, are investing around the world because they don't have the opportunities at home. that should be a real signal to us. cheryl: but, gordon, do you think -- >>...
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Jan 18, 2013
01/13
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do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have to take this off the table for the good of the country. ashley: some conservatives would say, look, you have to talk about spending cuts. that aside, you would agree, would you not, there needs to be some entitlement reform, we need to cut back on spending. >> i think we do. the big challenge is healthcare. healthcare and the economy is causing much more than it should. that is a big expenditure for the government. it is a big expenditure for individuals and businesses that provide health care. there is a need to come to terms with the growing
do. ashley: i know bernanke, timothy geithner, rating agencies and many more states what is the point of a debt ceiling? we routinely raise it anyway. what is the purpose? >> there is no purpose. the debt ceiling has become a device for fiscal irresponsibility. republicans and democrats both dated. senator obama voted against the debt ceiling increase. if we have this credit downgrade, and we had a credit downgrade, as you know, last august. we have to take this off the table for the good...
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. i took my son fishing everyear. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i thought those days might be over. so my doctor prescribed symbicort. it helps significantly improve my lung function starting within five minutes. symbicort doesn't replace a rescue inhaler for sudden symptoms. with symbicort, today i'm breathing better. and that means...fish on! symbicort is for copd including chronic bronchitis and emphysema. it should not be taken more than twice a day. symbicort may increase your risk of lung infections, osteoporosis, and some eye problems. tell your doctor if you have a heart contion or high bl
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. officemax can help you drive supply costs... down... ...and down. just use your maxperks card and get a case of x-9 paper for only 1-cent after maxperks rewards. find thousands of big deals now... ...at officemax. i took my son fishing everyear. we had a great spot, not easy to find, but worth it. but with copd making it hard to breathe, i...
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Jan 17, 2013
01/13
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what do we do as a nation? >> first of all, you cannot try to negotiate with some of these individuals. some of these are hardened extremists. they have been involved in a variety of kidnappings. there are french hostages and malley right now. kidnap and ransom in algeria and moving that that has been a big business for quite some time. it is rumored that the lieutenant may have been killed in the algerian military initial assault on the facility. connell: the bottom line with the french involved, that potentially drags us into a situation, us being the united states, that we did not want to be in. we could get involved in this, right? >> we could get involved. we are already provided in malley. i do not necessarily think -- this is where the problem is. four years, we have not been having a discussion about afghanistan. i think, frankly, instead of nationbuilding, we need to be thinking about how al qaeda and the extremist elements operate. we need to be a little bit more thoughtful and surgical and going afte
what do we do as a nation? >> first of all, you cannot try to negotiate with some of these individuals. some of these are hardened extremists. they have been involved in a variety of kidnappings. there are french hostages and malley right now. kidnap and ransom in algeria and moving that that has been a big business for quite some time. it is rumored that the lieutenant may have been killed in the algerian military initial assault on the facility. connell: the bottom line with the french...
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Jan 30, 2013
01/13
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i almost feel guilty doing this one. i will not do the 2:00 o'clock it today. do not tell them. 3d printing. first of all, you know what, i am surprised more people do not talk about this. they are talking about eventually being able to print out and airplane. you can eventually print it out. i think it is good for a trade. it is not a value play at all. pe 39. eight times dagen: hd tv almost gave me a coronary. [ laughter ] dagen: you only see this right here on the fox business network. scores of video showing how hospitals are now putting money before patients in the wake of obamacare. connell: the warm temperatures connell: the warm temperatures in the twins. i didn't see them coming. i have obligations. cute obligations, but obligations. i need to rethink the core of my portfolio. what i really need is sleep. introducing the ishares core, building blocks for the heart of your portfolio. find out why 9 out of 10 large professional investors choose ishares for their etfs. ishares by blackrock. call 1-800-ishares for a prospectus which includes investment obj
i almost feel guilty doing this one. i will not do the 2:00 o'clock it today. do not tell them. 3d printing. first of all, you know what, i am surprised more people do not talk about this. they are talking about eventually being able to print out and airplane. you can eventually print it out. i think it is good for a trade. it is not a value play at all. pe 39. eight times dagen: hd tv almost gave me a coronary. [ laughter ] dagen: you only see this right here on the fox business network....
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Jan 15, 2013
01/13
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i do not want to undersell this, but i do not want to oversell this as well. first, i think it is very unlikely that we will see a smart phone out of the company. mark zuckerberg has said he does not want to play in that arena. we will also not likely see anything of major financial impact. the company is in a quiet. companies do not reveal any major deals or partnerships. the other reason is no analyst or members of the community are at this meeting. i was told earlier today that the company has about 100 members of the media there so no questions about financial impact from the street likely today. what could we expect, we have a couple guesses and speculations. a cloud computing data center. possibly video ads. maybe a standalone ipad app or search capabilities to compete with google. a new wing of the corporate headquarters. i doubt that that new wing is what everyone has gathered there for. the meeting should be kicking off momentarily. i will be watching live logs and event updates as they come out. i will be bringing them to you throughout the hour, as
i do not want to undersell this, but i do not want to oversell this as well. first, i think it is very unlikely that we will see a smart phone out of the company. mark zuckerberg has said he does not want to play in that arena. we will also not likely see anything of major financial impact. the company is in a quiet. companies do not reveal any major deals or partnerships. the other reason is no analyst or members of the community are at this meeting. i was told earlier today that the company...
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Jan 28, 2013
01/13
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>> many people do. you should really consider it, especially in your 40s and 50s, and if you look at the cost of long term care, fringe, in a nursing home, that can easy top $80,000 a year so it is something everybody should consider looking at with a financial planner or some other financial adviser. cheryl: home care, if you want to stay in the home, a lot of people do, that's $175,000 per year. these policies, long term policies cover that, but you're saying americans think they are much more expensive than they actually are? >> for a healthy 55-year-old couple, the cost is a little over $2,000 a year, about $2700. people in the poll, the biggest guess was $7,000. they were way off on that. this kind of insurance is not nearly as expensive as people think it is. cheryl: okay, also, this is what happens when we go beyond medicare and medicaid, and health insurance coverage. if we, and we're seeing medical science, amazing, and now living longer depending what disease we have. cancer patients are well
>> many people do. you should really consider it, especially in your 40s and 50s, and if you look at the cost of long term care, fringe, in a nursing home, that can easy top $80,000 a year so it is something everybody should consider looking at with a financial planner or some other financial adviser. cheryl: home care, if you want to stay in the home, a lot of people do, that's $175,000 per year. these policies, long term policies cover that, but you're saying americans think they are...
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Jan 21, 2013
01/13
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ >> happy monday to you. i'm melissa frances. >> good afternoon. i'm lori rothman. president obama begins his second term at the white house facing up packed agenda and divided congress. lou dobbs and the first four years and looks ahead to critical, the critical second term agenda. melissa: if you thought washington satisfied its search to tax breaks it -- rich, think again. senate democrats reportedly want even more knew taxes. lori: breaking details out of algeria after the bloody for a hostage situation at the gas plant. hopes fading for survivors. the grim toll and the unanswered questions th
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. [ male announcer ] how do you turn an entrepreneur's dream... ♪ into a scooter that talks to the cloud? ♪ or turn 30-million artifacts... ♪ into a high-tech masterpiece? ♪ whatever your business challenge, dell has the technology and services to help you solve it. ♪ >> happy monday to you. i'm melissa frances. >> good...
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they want to see the government do what they need to do. that should be encouraging to the population. connell: so far we obviously have not seen that. these are long-term issues that you talk about. how much of this becomes a self-fulfilling prophecy for people with the fundamentals in statistics may be okay. >> here is the economic problem, we are reducing that the so-called deleveraging puts a drag on gmp growth. puts a drag on people's earnings. we have to go through another five or eight years of getting our deck ground so that we can grow again. i think people in the country are willing to do it, but we have to get started. this is a long-term problem. i think the country is mentally prepared for it. they now want to see the government act. connell: is there something that you can see on the horizon that drives the government to act? our view here has been that the market will somehow force them to cooperate. when do they act, is it because they have to? >> you mentioned no labels. i think we feel optimistic. we have a president that
they want to see the government do what they need to do. that should be encouraging to the population. connell: so far we obviously have not seen that. these are long-term issues that you talk about. how much of this becomes a self-fulfilling prophecy for people with the fundamentals in statistics may be okay. >> here is the economic problem, we are reducing that the so-called deleveraging puts a drag on gmp growth. puts a drag on people's earnings. we have to go through another five or...
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Jan 29, 2013
01/13
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what else do they do? >> whale two they do they provide air filtration to off-road vehicles. ashley: okay. >> also for natural gas generation, the gas turbines. ashley: why do you like them? >> well, they're in an interesting position. i think that with cheap natural gas prices we can expect a lot of gas turbines to be built for future electricity generation. that is certainly in their favor. they have also just built themselves a nice competitive advantage where they go into an off-road vehicle and have the first fit and all the follow-up replacement filters are sold by donaldson. ashley: all right. the other stock that you like a much more familiar one especially to consumers is target. while they didn't have a great holiday season, did they? why do you like it? >> that is part of the point the stock has been a little bit flat because of a disappointing christmas. we think that is short-term issue that will be taken care of in future christmases. the thing we really like their opportunity in canada. they're about to expand globally for the first time and they're doing it in
what else do they do? >> whale two they do they provide air filtration to off-road vehicles. ashley: okay. >> also for natural gas generation, the gas turbines. ashley: why do you like them? >> well, they're in an interesting position. i think that with cheap natural gas prices we can expect a lot of gas turbines to be built for future electricity generation. that is certainly in their favor. they have also just built themselves a nice competitive advantage where they go into...
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>> well, we have to do it. i'm committed to doing it. most of the country is understanding and committing to doing it. i know we'll have a package in the next couple weeks that will be initiated in the house and sent to the senate we hopefully can start to get our arms around this problem. lori: thank you for your time, congressman frank lobiondo, representing atlantic city. thanks for updating the situation of your constituents. >> thank you. melissa: we have morning breaking news. we want to take you to the floor of the house of representatives where john boehner is about to be sworn in as speaker of the house. i believe starts off with the picture he is walking around, talking to people and shaking his hands as he makes his way to the front. he will be escorted as speaker-elect, house sergeant and arms and introduced by house minority leader nancy pelosi. at that point he stands up and make as few remarks. there is nancy now. nancy pelosi. excuse me. let's listen in. >> colleagues. to my fellow members of the house of representatives,
>> well, we have to do it. i'm committed to doing it. most of the country is understanding and committing to doing it. i know we'll have a package in the next couple weeks that will be initiated in the house and sent to the senate we hopefully can start to get our arms around this problem. lori: thank you for your time, congressman frank lobiondo, representing atlantic city. thanks for updating the situation of your constituents. >> thank you. melissa: we have morning breaking news....
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Jan 16, 2013
01/13
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what do you think? >> i think that is true. >> even when the police chief was colin ferguson, i have to be honest, a guy like that, they taken off the street and then they put him right back out. stuart: he would not be allowed to buy a gun. >> most of these guys are not allowed to buy a gun anyway. thank you very much. stuart: dagen and final, it is yours. connell: the new plan for gun control. we will take you there live. dagen: jamie dimon, his take is cut in half. the man still made millions last year. connell: japan's two largest airlines ground the dream liner after yet another incident. dagen: stocks now and every 15 minutes. nicole petallides on the floor of the new york stock exchange. nicole: let's take a look at jpmorgan stock. stock itself is really not doing too much this morning. jamie dimon saved the day throughout the years. he certainly has been under the gun and under the microsoft after the london whale situation. there is a baseball card of him. his annual bonus was cut in half. we t
what do you think? >> i think that is true. >> even when the police chief was colin ferguson, i have to be honest, a guy like that, they taken off the street and then they put him right back out. stuart: he would not be allowed to buy a gun. >> most of these guys are not allowed to buy a gun anyway. thank you very much. stuart: dagen and final, it is yours. connell: the new plan for gun control. we will take you there live. dagen: jamie dimon, his take is cut in half. the man...
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. n't focus. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might still have it. find out more. take a quiz at ownitquiz.com to help recognize the symptoms. then talk with your doctor. it's your adhd. own it. ♪ >> 21 minutes past the hour. i have your fox news minute. fifty people injured after a ferry from new jersey struck a dock. witnesses say a corner of the very ripped open like a tin can. it confirms the propulsion system was recently upgraded. there is no reason to believe that was the cause of the crash. joe biden meeting with safety groups. 2012, the warmest year on record for the continental u.
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. n't focus. i was always interrupting my teammates. earlier in my career, my coach approached me. he said, "i think that, you know, sometimes i don't feel like you're focused." so the next day, i went and saw a doctor. it was my adhd. like many kids with adhd, i didn't outgrow it. if you were diagnosed with adhd as a kid, you might...
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Jan 25, 2013
01/13
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connell: how do you do it? >> the key to the success is to buy the house way below the appraised value so it allows you to put money in it and sell it to someone below the appraised value all fixed up. i had acrylic fish swimming in the staircase. it was the most exotic house. i felt like i was living in a nightclub. i thought instead of hiring more decorators, i did it myself. when you go through so much hard work renovating a home, you sit back in the and and you go, wow, i did that. connell: this show is on the do it yourself network. vanilla ice project is the name of the show. from what i have read and seen, you still do some music, but it is completely different than what everyone remembers. >> right. it is all hip-hop, but it is a different form. i am now doing my techno house music. connell: the thing that i think is interesting, everyone knows you, you were like 16 years old, did you like it? did you like doing that kind of music? >> well, i mean, you know, you get in where you fit in. i always enjoyed
connell: how do you do it? >> the key to the success is to buy the house way below the appraised value so it allows you to put money in it and sell it to someone below the appraised value all fixed up. i had acrylic fish swimming in the staircase. it was the most exotic house. i felt like i was living in a nightclub. i thought instead of hiring more decorators, i did it myself. when you go through so much hard work renovating a home, you sit back in the and and you go, wow, i did that....
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Jan 23, 2013
01/13
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lori: we do care. lou: who could not care? lori: of course you do. melissa: what she said is what difference does it make. lou: if it did not matter, why did the administration lied to the american people for three weeks? why do they continue to withhold information about what transpired and who is responsible amongst, how did she call it, a federation, a affiliates of al qaeda which suggests a very loose understanding of what al qaeda and other organizations through north africa, the middle east and southern asia represent. it is really very stunning stuff. melissa: she talks about what difference does it make, it makes a huge difference. if it was planned, we have to ask ourselves why did we not know, what is wrong in our intelligence committee that we did not find out. it makes a huge difference. lou: remember, the secretary did hit her head. perhaps, some of this is that after a fact. we will chalk it up to that. otherwise, the display is, well, beneath any secretary of state. lori: i know you have much more to talk about. lou: the senator who is
lori: we do care. lou: who could not care? lori: of course you do. melissa: what she said is what difference does it make. lou: if it did not matter, why did the administration lied to the american people for three weeks? why do they continue to withhold information about what transpired and who is responsible amongst, how did she call it, a federation, a affiliates of al qaeda which suggests a very loose understanding of what al qaeda and other organizations through north africa, the middle...
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person /7, you need an ally. hello? ally bank. your money needs an ally. ing. >> 22 past the hour i'm anna kooiman with your fox news minute. break being this hour, the senate passing superstorm sandy relief bill approved by the house earlier today. 354-67. all 67 no votes in the house were cast by republicans including former gop vice-presidential nominee paul ryan. >>> former massachusetts representative barney frank has been out of congress one day and already he wants back in. the democrat telling bay state governor duval patrick he wants to be appointed to serve the remainder of john kerry's senate term when he departs to become secretary of state. >>> president barack obama choosing supreme court chief justice john roberts it swear him in for a second term. roberts will administer the oath at the white house january the 20th and again the following day at the inauguration ceremony at the capital. justice sonia sotomayor will adminer vi
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person /7, you need an ally. hello? ally bank. your money needs an ally. ing. >> 22 past the hour i'm anna kooiman with your fox news minute. break being this hour, the senate passing superstorm sandy relief bill approved by the house earlier today. 354-67. all 67 no votes in the house were cast by republicans including former gop vice-presidential nominee paul ryan. >>> former massachusetts...
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Jan 18, 2013
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always do. we will get some stability and then we will start whirring about 2014. just a repeat cycle of what we have been seeing. that is why investors have so little confidence. pulling $90 billion from the stock market last year after a 16% advance and going into bonds where we have the highest risk. cheryl: if you say it is groundhog day, 2012 was a decent year. we made money. we did not lose money. we did not lose ground in 2012. you sound like you believe that. >> we have absolutely been making money for the last five years. it has been fantastic. the consumer is the average investor. they are ignoring what is happening in the market because they are overwhelmed by the news. that will not change. you have to remove the motions from the decision-making. the markets have been doing great. you think it will be a good year, just, the news will not be good. cheryl: jim, i want to get a couple of things. how do you feel about the bond market for 2013? they are saying you have to go equities. for
always do. we will get some stability and then we will start whirring about 2014. just a repeat cycle of what we have been seeing. that is why investors have so little confidence. pulling $90 billion from the stock market last year after a 16% advance and going into bonds where we have the highest risk. cheryl: if you say it is groundhog day, 2012 was a decent year. we made money. we did not lose money. we did not lose ground in 2012. you sound like you believe that. >> we have absolutely...
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Jan 15, 2013
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what do you advise them to do? >> well, it's a classic example that raises the question when is washington going to get out of the way of the capital markets and american enterprise in general, but specifically on this point, it's hard to say, it almost struck me yesterday it was an ad lib point in the speech and may be just throwing that out there as a bar beginning chip with the republican congress. it's hard to say. cheryl: joe, he's not bargaining. the president yesterday is doing anything but bargaining coming out saying this is basically how it's going to go, paraphrasing, obviously, but that's how many took the comments, the tone, and the argument. ask those at fitch this morning. 15%, 20%, the lumps were taken, and now this once again. you saw the market volatility in december as we got to the fiscal cliff negotiations. are we headed there again because of this? >> well, ting -- i think it's going to be a bumpy ride, and when i suggested a negotiation chip, it's not in the debt ceiling. whatever happens the
what do you advise them to do? >> well, it's a classic example that raises the question when is washington going to get out of the way of the capital markets and american enterprise in general, but specifically on this point, it's hard to say, it almost struck me yesterday it was an ad lib point in the speech and may be just throwing that out there as a bar beginning chip with the republican congress. it's hard to say. cheryl: joe, he's not bargaining. the president yesterday is doing...
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. cheryl: here is your fox business brief. portage applications for the third straight week. seasonally adjusted index of mortgage applications for nearly 10.5%. home prices continue to gain momentum in december climbing more than 5%. overall 2012 the huge turnaround for most local housing markets. higher in 82 of the 100 metro areas. compared to 12 back in 2011. las vegas and seattle had the largest price over year increases. apples are testing a new model believed to be the iphone six. in latest iteration of the ios operating system. developers finding traces of new iphones in the logs. that is the latest giving you the power to prosper. >> boehner, anti-policy, clark cheryl: we're listening in on the new congress and this is in the house, it is voting on the speaker of the house seat currently occupied by john boehner. peter barnes standing by monitoring the vote tal
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. cheryl: here is your fox business brief. portage applications for the third straight week. seasonally adjusted index of mortgage applications for nearly 10.5%. home prices continue to gain momentum in december climbing more than 5%. overall 2012 the huge turnaround for most local housing markets. higher in 82 of the 100 metro areas....
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Jan 24, 2013
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what do you think -- >> what do they do? what do they do? >> who advocates for workers. >> who is advocating for workers. >> the afl is really left. >> exactly. look at what's happening. the afl-cio, sat on the fence for years ons issue of illegal immigration embraced it 6789 what's the result of that? more illegal immigration, lower wages for unskilled labor, and for lower education levels, and they brought in their -- and seeking more members, they brought in competition for their members. they got away with it and continued to do so. >> so how do you think they respond now to try and stay alive because, you know, now it's a last gaffe type situation. >> well, trmuka is already out on all sorts of nonsense. until the afl-cio has a relationship to the well being of its membership that is direct, that is measurable, quantity, they are going to continue to slide. the only place where there's going to be a slower erosion of union memberships, not power, but union membership, will be in public employees. the local governments, of course, the hi
what do you think -- >> what do they do? what do they do? >> who advocates for workers. >> who is advocating for workers. >> the afl is really left. >> exactly. look at what's happening. the afl-cio, sat on the fence for years ons issue of illegal immigration embraced it 6789 what's the result of that? more illegal immigration, lower wages for unskilled labor, and for lower education levels, and they brought in their -- and seeking more members, they brought in...
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Jan 30, 2013
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>> they do. financial markets, if we look at tips, those indicate very few concerns about inflation five to 10 years out. core prices are falling on, excuse me, core inflation is slowing on a year ago basis of the so i think the fed has some room there. obviously they need to make sure things don't get too out of hand and they're watching closely and i think they have it under control for now. >> you guys, i wanted to jump in for a moment. qe infinity and the question, right, we call it qe2, qe3, qe 4, qe infinity and how helpful is it been. >> no change in fed policy. no change in fed policy. quantitative easing continues with no change in short-term interest rates. let's go right to the economic analysis of the latest fomc statement. quote, information received since the federal open market committee met in december suggests that growth in economic activity paused in recent months in large part because of weather-related disruptions and other transsytory factors. employment has continued to exp
>> they do. financial markets, if we look at tips, those indicate very few concerns about inflation five to 10 years out. core prices are falling on, excuse me, core inflation is slowing on a year ago basis of the so i think the fed has some room there. obviously they need to make sure things don't get too out of hand and they're watching closely and i think they have it under control for now. >> you guys, i wanted to jump in for a moment. qe infinity and the question, right, we...
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do i think he will ultimately get through? i do. tracy: we don't have a budget, do we, right? we haven't had one for a while. we blow through spending, spending numbers like, god my kids do in the mall. so what are the perks to having this guy on staff other than he is part of the old boys club down in washington? >> i think that is one of the questions that come up. the republican senators are certainly going to ask lew, do you think it is good that the senate pass a budget? senate democrats have not passed a budget for three years. there have been other budget agreements but they have not passed a budget resolution in three years. so they will tweak lew. that is where they will say, listen, we need to have cuts because even democrats say, like chuck schumer said we're on an unsustainable path. whether it is 50 feet or 500 feet. we need to change things. revamp the policies. obviously with this debt deal that just got signed into law, not any significant savings there and we're clearly on a path that we can't continue on. ashley: all right. bob cusack, with "the hill." bob, t
do i think he will ultimately get through? i do. tracy: we don't have a budget, do we, right? we haven't had one for a while. we blow through spending, spending numbers like, god my kids do in the mall. so what are the perks to having this guy on staff other than he is part of the old boys club down in washington? >> i think that is one of the questions that come up. the republican senators are certainly going to ask lew, do you think it is good that the senate pass a budget? senate...
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Jan 29, 2013
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. dennis: 15 past the hour coming up and the bulls are running. stocks every quarter hour and we have all over. >> team coverage now, sandra smith standing by watching gold, charles payne showing us how you can make money if you'll listen to his petroleum played the first to nicole petallides on the stock exchange, the dow moves closer to the all-time high but hitting a bit of resistance. >> not a surprise, traders talking about the fact the we have run up so far so fast, we keep breaking apart five year high, it is okay to take a little breather, that is what the sentiment is on wall street, we continue to the upside to pull back and sit around a little bit is okay too. as far as dallas, names like pfizer, at&t, some of the best performers, up rear 60 points away from dow 14,000 and since 1950, 83% of the time as the is indeed as in january as director you saw is over
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. dennis: 15 past the hour coming up and the bulls are running. stocks every quarter hour and we have all over. >> team coverage now, sandra smith standing by watching gold, charles payne showing us how you can make money if you'll listen to his petroleum played the first to nicole petallides on the stock exchange, the dow moves closer...
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, aner any questions and offer advice. with an "a" rating from the better business bureau legalzoom helps you get personalized and affordable legal protection. in most states, a legal plan attorney is available with every personalized document to answer any questions. get started at legalzoom.com today. and now you're protected. >> u.n. sanctions cutting into iran, oil experts down 40% the last nine months, cutting revenue by 49 #% as the nation refuses to reign in the program. pits of the cme and phil flynn of price futures group. is that news that traders follow pretty closely 1234 >> i
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. at legalzoom, we've created a better place to handle your legal needs. maybe you have questions about incorporating a business you'd like to start. or questions about protecting your family with a will or living trust. and you'd like to find the right attorney to help guide you along, aner any questions and offer advice. with an...
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Jan 14, 2013
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do you think they'll do it? >> well, there's a desire in louisiana to change something about the tax system. right now in our global economy, investment and job creators and that can go anywhere in the world so louisiana needs to answer the question why louisiana, and i think this will make them stand out if they manage to implement it. >> thanks for coming on. >> thank you. >> interesting. all right. warning signs for apple, shares below $500 per share, the first time in 11 months. >> a bargain or a big rush to the exit? >> i don't know. >> investigate that further. also, is 75 the new 55? growing older doesn't necessarily mean retirement. the trend of working into your 70s. yeah, you heard that right. ♪ [ male announcer ] you are a business pro. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choo any car in the aisle...and go. you can even take a full-size or above, and still pay
do you think they'll do it? >> well, there's a desire in louisiana to change something about the tax system. right now in our global economy, investment and job creators and that can go anywhere in the world so louisiana needs to answer the question why louisiana, and i think this will make them stand out if they manage to implement it. >> thanks for coming on. >> thank you. >> interesting. all right. warning signs for apple, shares below $500 per share, the first time...
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Jan 24, 2013
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and i tell her to do what i am telling her to do. thank you for being with us. cheryl: silver, and next shiny investment outside the stock market. we will talk to my dad later on. dennis: jeff flock at elmhurst coins in illinois counting his change. jeff: i am making bad investments on my own but take a look at what i have got here. this is something the mint has run out of, there has been so much interest in and what am i looking at right here? >> the 2013 american silver eagles. >> this is silver bullion, this is $1 of face value, but it is actually a troy ounce, an entire troy ounce of silver. what is this going for? >> retail for $37. >> tell me this. as we look at revenue from the mint on their bullion sales, bullion is something people died because they want the value of the underlying metal, take a look at how bullion sales have run up over several years. >> preparing for the future. >> preparing for the worst in the future. >> possibly. that interest continuing to build. >> very steady and growing. >> interest in all sorts of
and i tell her to do what i am telling her to do. thank you for being with us. cheryl: silver, and next shiny investment outside the stock market. we will talk to my dad later on. dennis: jeff flock at elmhurst coins in illinois counting his change. jeff: i am making bad investments on my own but take a look at what i have got here. this is something the mint has run out of, there has been so much interest in and what am i looking at right here? >> the 2013 american silver eagles....
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Jan 22, 2013
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acne in women may occur. report these signs and symptoms to your doctor if they occur. tell your doctor about all medical conditions and medications. do not use if you have prostate or breast cancer. serious side effects could include increased risk of prostate cancer; worsening prostate symptoms; decreased sperm count; ankle, feet, or body swelling; enlarged or painful breasts; problems breathing while sleepi
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. he's going to apply testosterone to his underarm. axiron, the only underarm treatment for low t, can restore testosterone levels back to normal in most men. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children...
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you do want to watch, do we see any potential problems in libya? that's a country where the security situation does not remain very stable. dagen: thank you. >> thank you for having me. happy new year. connell: let's move on to the budget deficit numbers, above billion dollars in december, trillion dollars deficits overall. you look at it annually. our next guest is senior managing director. always good to have you on. >> hi connell. connell: when you connect the deficit to financial markets, what do you make of the latest figures? >> i think the most important thing that we can think about, the level of debt never comes down, so we're always going to have more debt. we never generate less debt. the key is how much is the debt relative to gdp. and clearly the debt level to gdp has improved over the course of the last three years. it's actually improved from 9 1/2% to about 6.8% of gdp, prior to this number. it is actually in a positive trend like most of the economic data. connell: right. so you like the -- there's the u.s. debt to gdp ratio that w
you do want to watch, do we see any potential problems in libya? that's a country where the security situation does not remain very stable. dagen: thank you. >> thank you for having me. happy new year. connell: let's move on to the budget deficit numbers, above billion dollars in december, trillion dollars deficits overall. you look at it annually. our next guest is senior managing director. always good to have you on. >> hi connell. connell: when you connect the deficit to...
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Jan 31, 2013
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i started doing my research. i always do a peer to peer review. the things i was impressed about with them, i was more impressed with juniper. i love that they are still spending a lot of money on research. they will continue to take market share. i think a lot of that is going from cisco. juniper has better margins. significantly better. all of a sudden, i am saying, what the heck. juniper is doing more research. i am looking at it to double top at 25. you remember the good old days. connell: we always get on you for bringing up this type of stuff. charles: they beat the street every quarter. 20% better. sometimes i think that dark shadow from 2000 still angers some of these stocks. connell: thank you, charles. increased tension in the middle east has no oil market paying at least attempted to it. you have iran and syria both say they plan to respond to the israeli airstrikes. dagen: and the job's counsel away. what can happen between ceo and president obama? why get rid of it now? look at how the world currencies are faring against the dollar to
i started doing my research. i always do a peer to peer review. the things i was impressed about with them, i was more impressed with juniper. i love that they are still spending a lot of money on research. they will continue to take market share. i think a lot of that is going from cisco. juniper has better margins. significantly better. all of a sudden, i am saying, what the heck. juniper is doing more research. i am looking at it to double top at 25. you remember the good old days. connell:...
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Jan 17, 2013
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what can america do and what should we do? >> that is things we cannot talk about what the government will not talk about. obviously a special mission is being prepared that would emerge if they're executed, but let's be clear, the lead is the algerians. they are on the ground surrounding the flight. some hostages have been killed, others have been freed, but very delicate and difficult situation. the fact that we have a drone next to the algerians and sharing of intelligence is most of what we can do at this point in time. although possible negotiations with third parties in the middle east including islamist government. we are using everything we can to free the american hostages. melissa: what is the relationship like right now? >> it has been very good in the past several years. but we're also having problems among each other. but on the larger scale, algeria fights al qaeda with us. melissa: how do you see this playing out from here, how do you see it and? speak ospeaker this situation wd with a military operation because
what can america do and what should we do? >> that is things we cannot talk about what the government will not talk about. obviously a special mission is being prepared that would emerge if they're executed, but let's be clear, the lead is the algerians. they are on the ground surrounding the flight. some hostages have been killed, others have been freed, but very delicate and difficult situation. the fact that we have a drone next to the algerians and sharing of intelligence is most of...
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Jan 22, 2013
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if they do not do that, you sue. >> do not bet on the constitution. these guys keep changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was surprised. >> they owe you money. sue them. stuart: dagen and, oh, it is yours. dagen: on american. connell: i love peanut butter, myself. good morning, everybody. dagen: what will the president do to get america back to work. connell: president obama was unable to talk these guys. more importantly, can we keep this up? dagen: a key to a better economy. keys to your house, a new house hopefully. connell: let's talk about the markets. nicole petallides starts us off as she does each day with stocks now. nicole: taking a look at a market that really has shown strength over the last seven of the
if they do not do that, you sue. >> do not bet on the constitution. these guys keep changing the laws left and right. >> they want the government to take care of people. >> we use to get rabbit and some other things. stuart: your honor, my child excluded from the cafeteria. poisoned and school. give me a million dollars. >> all i grew up with was peanut butter and jelly sandwiches and school. >> peanut butter and jelly is the best sand -- sandwich. stuart: i was...
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what do you do withed trade. george giro at rbc says he believes silver will bounce back from its rapid decline. it followed the the price of gold over the past six months. it is a far cry from the $35 a ounce let back last october. he says because of silver's industrial component will bounce back even more than gold. he says that is the way to play it. he says, tracy, ashley, it will be back to the basics. these precious metals will bounce back based on a low interest rate environment, the weak u.s. dollar. he says there will come a time where you want to own at these levels. by the way he is actually pretty bullish on gold the next couple months. he really thinks silver will outperform gold because of that again the industrial component if the economy recovers of silver. tracy: that is why silver always made more sense to me. i don't know what you do with gold. >> wear it around your neck. tracy: that's it. it is a big ol' doorstep stop. ashley: thank you, sandra. consumer electronics show getting underway in l
what do you do withed trade. george giro at rbc says he believes silver will bounce back from its rapid decline. it followed the the price of gold over the past six months. it is a far cry from the $35 a ounce let back last october. he says because of silver's industrial component will bounce back even more than gold. he says that is the way to play it. he says, tracy, ashley, it will be back to the basics. these precious metals will bounce back based on a low interest rate environment, the...
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Jan 16, 2013
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>> they could do it, but will they do it? we have a white house that wanted a new attack on republicans, the republican repn response, we are back again replaying it here. as long as we replay the theater, the markets are doing something else. the market is saying okay, this is the new way we will do it. we will go to the 11th hour and they will make a deal. one is they make that deal, we have continuing, although it is a slow economic recovery and rising market in asset prices, if one of these days they don't make that deal, we're in for a shock. lori: so you are just tired of it. he lowered her economic forecast forecaster must you agree with them lower in the world economic forecast? >> i think so, but the affluent in the united states doesn't have a lot of influence on the economy, but the tax hike on the working men and women, 120 million people, that 2% payroll tax is a killer, and that is all consumption of some. people spend the mone money thet have it, they reach into savings. that was a mistake, it was bad policy. i
>> they could do it, but will they do it? we have a white house that wanted a new attack on republicans, the republican repn response, we are back again replaying it here. as long as we replay the theater, the markets are doing something else. the market is saying okay, this is the new way we will do it. we will go to the 11th hour and they will make a deal. one is they make that deal, we have continuing, although it is a slow economic recovery and rising market in asset prices, if one of...
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Jan 31, 2013
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what do we do? do we buy good stuff and leave it until december? otherwise where are you putting yourself to sort of a of allow me to sleep at night? >> you're looking at u.s. which is up 5 1/2%. looking russell 1,000, 2,000, large cap and small cap. we think there is upside and will be volatile to get to the path. look at europe, there are great companies if you do homework and research. europe will be good shaky. attractive valuations. globally diversified strategy looking at emerging markets, looking at infrastructure and what has return risk characteristics for a long period of time. i don't want to say become overly skeptical but just understand you're going to need to be nimble but you will also need to be disciplined in that those invests, you know, look you have got the jobs report tomorrow. what if we get a surprisingly strong number, does that suddenly signal, whoa, maybe the fed needs to rethink about its exit strategy on qe? on the other hand, if it is not as good or really disappointing that means qe floodgates will be opened for some
what do we do? do we buy good stuff and leave it until december? otherwise where are you putting yourself to sort of a of allow me to sleep at night? >> you're looking at u.s. which is up 5 1/2%. looking russell 1,000, 2,000, large cap and small cap. we think there is upside and will be volatile to get to the path. look at europe, there are great companies if you do homework and research. europe will be good shaky. attractive valuations. globally diversified strategy looking at emerging...
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Jan 14, 2013
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we do not instantly default if we do not raise this debt ceiling in time, do we? >> no. what about paying the troops, medicare benefits, social security benefits. would you prioritize, somebody is going to get hurt. dennis: thank you very much, greg valliere. thank you for being with us. >> you bet. cheryl: we have breaking news on jpmorgan. new reports that jpmorgan chase ceo jamie dimon may take a hit. joining me now is former treasury department adviser for the clinton and obama administration. i want to start with the sec. >> i think it is an important development. it really shows that risk management will be really important for things going forward. the fact that the enforcement action is coming, the board is talking about pinging jamie dimon bonus. they are starting to think or probably about strategy of the firm and it is not just about quarterly earnings. cheryl: he is the highest-paid ceo out there. it is the board's call whether or not to release the london whale report. this hurts him financially. >> yes. what concerns me a little bit about jpmorgan is jamie
we do not instantly default if we do not raise this debt ceiling in time, do we? >> no. what about paying the troops, medicare benefits, social security benefits. would you prioritize, somebody is going to get hurt. dennis: thank you very much, greg valliere. thank you for being with us. >> you bet. cheryl: we have breaking news on jpmorgan. new reports that jpmorgan chase ceo jamie dimon may take a hit. joining me now is former treasury department adviser for the clinton and obama...
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Jan 10, 2013
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so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. cheryl: mcdonald's trying out an unusual item on its menu. chicken wings. dennis: restaurant getting mighty wings a test run in chicago. jeff flock is there from chicago with a taste test. jeff: we asked for cooperation for mcdonald's to come in and test, they said no, you can't, so it came to the rock 'n roll mcdonald's and doing our own taste test. victims here today for us. the whole deal about mcdonald's wings, they tried in 1990. we haven't revealed which is which. can you tell the hooters, domino's, mcdonald's? we will find out in a second, but which one do they like better? they tried it in 1990, it was never a full-time menu item. it went well enough in atlanta are now testmarketing in chicago. have you been through all three? now, tell me, rank them in order which would you say is the best? >> i would say the first one. >> what is second-best? >> the middle o
so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. cheryl: mcdonald's trying out an unusual item on its menu. chicken wings. dennis: restaurant getting mighty wings a test run in chicago. jeff flock is there from chicago with a taste test. jeff: we asked for cooperation for mcdonald's to come in and test, they said no, you can't, so it came to the rock 'n roll mcdonald's and doing our own...
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what do they do? they throw some really amazing parties. he's having an event tonight with seven top russian violinists all playing. coming up in the next hour, we have the envy of the world's health care, and that is toby, ceo of the cleveland clinic, but i asked him, turned it on its side asking which hospital do you envy the most in the world? which one do you look at and say, man, they are doing it in an unbelievable way. we are live all day long from davo, switzerland, and stay tuned for all the reports. see you later. take care, back to you. connell: see you soon, liz, thank you. dagen: shares of apple lost roughly a third of the value just since september, and today's earnings release after the bell, well, will the slide continue? connell: we have more joining us from the news room on what to expect. >> hi, guys, well, if you asked me who is thee most important quarterly report in entire earnings season, apple comes out after the close, and analysts out there say it's going to be the make or break quarter for the company deciding whe
what do they do? they throw some really amazing parties. he's having an event tonight with seven top russian violinists all playing. coming up in the next hour, we have the envy of the world's health care, and that is toby, ceo of the cleveland clinic, but i asked him, turned it on its side asking which hospital do you envy the most in the world? which one do you look at and say, man, they are doing it in an unbelievable way. we are live all day long from davo, switzerland, and stay tuned for...
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connell: what do we do? the idea of getting something big guns seems like everybody, there with the relative amount of optimism about a, quote, grand bargain or something that looked like simpson-bowles, mostly everyone has given up on that. from the democrats fought on revenue, simpson-bowles, $2.6 trillion in revenue which some people forget that was a ton of revenue and this one is $600 billion so you are not on this side, for get spending, we're nowhere close to a grand bargain. >> everyone knows what needs to be done. every bi-partisan commission, they reach the same conclusion. we need additional revenue, major spending reforms where the big money is in the federal budget, that is out -- connell: there is nothing in this deal. than you do it again in a few months. the democrats have got more spending cuts and literally nothing. >> the automatic spending cuts take effect at the end of february so between now and then back to talking to each other, the largest spending categories, rising health-care cost
connell: what do we do? the idea of getting something big guns seems like everybody, there with the relative amount of optimism about a, quote, grand bargain or something that looked like simpson-bowles, mostly everyone has given up on that. from the democrats fought on revenue, simpson-bowles, $2.6 trillion in revenue which some people forget that was a ton of revenue and this one is $600 billion so you are not on this side, for get spending, we're nowhere close to a grand bargain. >>...